The most special thing in this Bull Run is that we have so many new players at the house who joined the game last couple of years and some of them are really smart enough to become great personalities in near future. So we will see lot of pump and dump attempts even though the bull is not mature at this level. Pressure from the SEC will also be quite diminished. We may need to change the SEC heads after some time but they will be using private jets at that time and will comfortably leave the seat……………who knows……….
Let’s come to the point….
For and example great rallies like HVA, DPL, REG, RGEM, PCH were not based on fundamentals. Some how people made millions out of those and vise versa. Even people lost from JKH from the past down trend from 330 to 165.
My request is don’t fight with people who recommend OGL, Greg, especially the poultry sector. Only thing we need is a clear indication.
For an example I knew that DPL will have a run when that 4m share crossing happened last month at 12.50. So I bought it. No body noticed it and I know still cant understand? Some ask why that crap goes up. Simply the right person entered and smart people noticed it even with out insider details. Now it can go to any value like previous time.
So it is great if any body can predict the future value based on the trend. I know all fundamental valuation methods from free cash flow to simple PE ratio and I do analyze each and every company once a quarter and maintain the data base in my mind. But apart from that I do follow my own trend cycle for each stock. I kW lot of fundamental guys can’t understand these methods………..
I just want to say that fundamental valuation is just one method any parrot can follow. Don’t fight with others who come up with different methods. But we should eliminate crap posts which doesn’t have any clue………..
I don’t predict shares to others but to conclude this article I can say that I notice AAIC can have a run at least to 120 – 130 and if possibly a higher one. Reasons………
1)It didn’t appreciate at all with in last 2 weeks.
2)SHL seek to sell out a potions, for Sure not bellow RS. 120 / share.
3)No body will buy at 120 other than a pump and dump fellow since this has no value at 120 levels.
4)Already some reputed traders have collected may be stocked at higher level. ( Top 20 list June )
Moral of the story is not that AAIC is good from tomorrow since it will take some time…..
Thanks,